The Analytical Hierarchy Process Is Used to Decide Among Three

question 44

Multiple Choice

The Analytical Hierarchy Process is used to decide among three projects that we'll call A,B,and C.The total score for project A is .650,for project B is .514,and for project C is .321.Which of the following statements is best?

• A)Project A is twice as good as project C.
• B)The analysis must be incorrect because the total scores should sum to 1.00.
• C)The analysis must be incorrect because there are two total scores that exceed 0.50.
• D)The analysis must be incorrect because project C's total score is odd.

---

Definitions:

Boot

Additional value or cash that balances the value of the assets being traded in a barter or exchange transaction.

Fair Market Value

Fair Market Value is the estimated price at which an asset would change hands between a willing buyer and seller, neither being under compulsion to buy or sell and both having reasonable knowledge of the relevant facts.

Book Value

The value of an asset according to its balance sheet account balance, calculated by subtracting accumulated depreciation from the asset's original cost.

Boot

Additional cash or property included in a transaction to even out a trade or exchange of dissimilar assets.